Original article by Roy Morgan
Market Research Update – Page: Online : 1-Apr-26

ANZ-Roy Morgan Consumer Confidence fell 4.3 points to 58.8 in the week to 29 March; it is now 26.5pts lower than a year ago (85.3), and 16.5pts below the 2026 weekly average of 75.3. This is a second consecutive record low level for Consumer Confidence in the index stretching back over 50 years since 1972, and the first time the index has ever dipped below 60. Analysis by State shows Consumer Confidence falling in all five mainland States this week. Now just 12% of Australians (down 2ppts) say their families are ‘better off’ financially than this time last year (a new record low for this indicator), while 61% (up 4ppts) say their families are ‘worse off’ (a new record high for this indicator). Looking forward, 17% (down 1ppt) of respondents expect their family to be ‘better off’ financially this time next year (a new record low for this indicator), while 51% (up 2ppts) expect to be ‘worse off’ (a new record high for this indicator). Only 4% (down 2ppts) of respondents expect ‘good times’ for the Australian economy over the next 12 months (the lowest figure for this indicator since April 2020), while 56% (up 2ppts) expect ‘bad times’ (the highest figure for this indicator since April 2020). Meanwhile, just 13% (down 1ppts) of Australians say now is a ‘good time to buy’ major household items (the lowest figure for this indicator for six years since March 2020), while 54% (down 1ppt) say now is a ‘bad time to buy’.

CORPORATES
ROY MORGAN LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ